However, further analysis reveals that the quality and rate of employment is a concern.
Chile’s unemployment rate in the final quarter of 2011 was recorded at 6.6 percent, bringing down the estimated annual average of national unemployment to 7.1 percent, a National Institute of Statistics (INE) study found.
Groups to focus on protecting jobs in a crisis and promoting women in the workforce.
The Confederation of Production and Commerce (CPC) and the Confederation of Workers (CUT) announced on Tuesday the full terms of their labor relations plan, benefiting both workers and employers.
Meanwhile, the south of Chile has suffered losses during January in comparison to 2011.
Tourism has increased in La Serena, Coquimbo, Valparaíso and Viña del Mar during January compared to the same time last year, according to a new study by Chile’s National Tourism Service (Sernatur).
Over one million people will now be left out of civil suit against La Polar.
Chile’s Supreme Court struck down an appeal Monday that would have allowed over one million people to be added to the civil lawsuit against La Polar. Now, only about 1,000 of the victims of La Polar’s credit renegotiation will be included in the suit.
Production levels in Chile are now at the highest levels in six years, data show.
Industrial production increased 5.4 percent over the past year and is now at its highest level in six years.
The National Statistics Institute (INE) reported that the sectors with the highest levels of growth were food and beverage manufacturing, paper manufacturing, and non-metallic mineral production.